ANNOUNCEMENT 30 Jan 2018
The Government of Brazil decreased the applicable import duty on rolled aluminium foil for a certain quota.
NUMBER OF INTERVENTIONS
1
SOURCE
Foreign Trade Council. Câmara de Comércio Exterior. Resoluçao 94 de 13 de Dezembro de 2017. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1974-concede-reducao-temporaria-da-aliquota-do-imposto-de-importacao-ao-amparo-da-resolucao-no-08-08-do-grupo-mercado-comum-do-mercosul
Official Gazette of Brazil. Diário Oficial da União. Resoluçao Nº 76 de 25 de agosto de 2020. Available at: https://www.in.gov.br/en/web/dou/-/resolucao-gecex-n-76-de-25-de-agosto-de-2020-274388192
On January 30, 2018, the Foreign Trade Council of Brazil adopted Resolution 3, reducing the import quota on HS Code 7607.11.90 for a quota of 2,137 tonnes. The new import duty has been set at 2% whereas the duty that applies outside the quota remains at 7%. The new value applies from February 1, 2018, and is valid for twelve months.
In addition to this new import tariff quota, the Brazilian government also extended the tariff rate quotas set on NCM 2833.11.10 and 7606.12.90 (please see related state acts).